Breaking Out My Percentage Increase Calculator...Potential share price increase for Torex Gold Resources:
Today's $15.70 share price rising to $24 by the end of December = a 53% increase!
Today's $15.70 rising to $100 by the end of 2023 = a 537% increase!
This could be a decent rate of return within this very reasonable period of time.
Do your own calculation as to how this rate of return could help your personal portfolio, gain some traction! I have done mine! I invested here, for this very reason!
This kind of proportional increase in the value of our dollars will help, protect us, much better than doing, simply nothing! Losing money in poorer investments is not a solution either!
It makes sense! There is no need to temper our enthusiasm!
Something has to gain, when our normal means of monetary exchange is no longer trustworthy. When it declines, something else of better value has to rise at least equally, in proportion. It might as well be the precious metal.
What else is there? Some say bitcoin holds some intrinsic value. But now, we all know the consequences of sharing that faulty faith!
Gold shares are now performing well! But, Torex shares will prove to be the better investment!
Today it appears that this belief is now taking root! It will grow into a tree, one made of money!
Government handouts will always help the poor and disadvantaged, as they should. But they will also, add modestly, to the inflationary spiral.
We can't fault governing bodies for some small, but costly measures, to help those who are poor and disadvantaged with their increasing personal costs, due their greater need.
Just some food for thought!
This is a lot to digest for now!
All the best! Java